Between the Lines

COURT REJECTS INSURER’S ARGUMENT THAT POLICY’S “DIRECT LOSS”  REQUIREMENT IS NOT MET IF THE INSURERED TAKES STEPS TO  INITIATE THE WIRE TRANSFER.   As email spoofing schemes have proliferated, so…

How Can A Firm Protect Against This Risk?  Loss Was Not “Directly Caused” By Use Of Computer Where the Insured Authorized and Initiated a Wire Transfer to Scammer’s Bank Account…

Information accessible on the internet is “Published” even if no one reads it Updated: Please see below for a letter from a reader suggesting this case would have gone differently…